Vendor Details

Plooto

www.plooto.co

Founded 2014

Canada

About Plooto

The easiest way to manage payments for your payables and receivables directly from your accounting software. Plooto makes it simple for you to pay your vendors and contractors, and collect one time or recurring payments.
Streamline your cashflow and simplify your payables and receivables processes. Plooto automatically reconciles with Quickbooks and Xero in the most seamless way that you have ever seen.
Say goodbye to paper cheques, wires, and bank EFTs by upgrading to Plooto for free.

Pros: What I like most about this software is the pay as you go model. No upfront usage fees. You are getting charged for what you use. There isn't extra charge for syncing with your accounting software either, unlike Bill.com. You can sync your invoices, bills, and contacts to the system manually or all at once. You can select what to pay or who to request payment from. Pricing is very affordable.

Cons: The least favorite of this service is the lack of documented FAQs or how to use the system. I signed up and was brought to their main page. No tour, no help document to show me what to do. I had to figure it out. What does it look like to request money from a client? I had to send a test payment to myself to see what it looks like. Same as with sending out payments for bills. What does that look like for the vendors I want to pay? I had to send a test payment to myself as well so I can see what it looks like. It would be nice if they had sample screen shots so I can reference or show my clients what it would look like for training purposes.

Easy to set up and great support!

Sep 21, 2017

Stéphanie McGuirt

Owner/Bookkeeper

Stéphanie McGuirt LLC

Accounting, Self-employed

Used the software for: Less than 6 months

Reviewer Source

Source: Capterra

5/5

Overall

5
/
5

Ease of Use

5
/
5

Features & Functionality

5
/
5

Customer Support

5
/
5

Value for Money

Likelihood to Recommend:Not LikelyExtremely Likely

Pros: Chat support is there when you need them the most! I really appreciate how attentive and thorough they are with onboarding, troubleshooting, and answering questions.

Cons: It would be great if they also sent out checks for those companies that require checks and don't do ACH.

Overall: Makes it super easy to pay vendors!

Easiest way to pay my suppliers.

Jul 18, 2017

Boyd Thomson

Owner

Stretch

Health, Wellness and Fitness, 1-10 employees

Used the software for: 1-2 years

Source: Capterra

4/5

Overall

4
/
5

Ease of Use

4
/
5

Features & Functionality

4
/
5

Customer Support

5
/
5

Value for Money

Likelihood to Recommend:Not LikelyExtremely Likely

Pros: Integration with Xero accounting software and options for direct deposit or email e-transfer. Plus, it's easy to send off a batch of bill payments. Saves me a few hours every month easily.

Cons: When they initially launched the integration with my accounting software was not fully set up and there were some confusing transactions, but it is all great now.

Overall: Save time and increased accuracy of accounting records

Makes payments SO EASY

Jan 10, 2017

Boyd Thomson

Owner

STRETCH

Health, Wellness and Fitness, 1-10 employees

Used the software for: 6-12 months

Source: Capterra

4/5

Overall

4
/
5

Ease of Use

4
/
5

Features & Functionality

5
/
5

Customer Support

5
/
5

Value for Money

Likelihood to Recommend:Not LikelyExtremely Likely

Pros: integration with cloud accounting software

Cons: It takes a few days for recipients to receive funds.

Overall: I started using this in early 2016 on the recommendation of a customer who is a bookkeeper. It's made payroll to my ICs and suppliers a piece of cake. Hours of writing cheques and later on reconciling payments and Interac e-transfer fees is done in a matter of minutes. This integrates well with Xero, and when I've had questions they respond quickly.

Recommendations to other buyers: It's the easiest AND the cheapest way to send payments

Vendor Response

by Plooto
on January 12, 2017

Thanks Boyd, we're constantly working to release additional features to make your payments simpler and easier.

Saves me on time and costs. Convenient to use & good support.

Dec 04, 2015

Shipra Roy

Roy Accounting

Source: Capterra

5/5

Overall

5
/
5

Ease of Use

5
/
5

Customer Support

Comments: Set up was quick and easy. I needed to wait for half a day to confirm my bank account but I understand that it's for security purposes. It was well worth the time. Everything is quick and easy and I love how they have a flat fee - they've recently reduced it down to $1. Where it helps more is how much time it saves me after I switched over from using cheques. We're a cloud based accounting firm and they have a great way to set up multiple accounts that I can manage and get payments approved by my clients. Their customer service is also really good, I actually had a new feature implemented after I brought it up to them. As far as I know, right now they're just in Canada but I can't wait for them to get into the U.S.

Easy to use payments platform!

Dec 04, 2015

Ramli Solidum

Ramli Lean Solution

Source: Capterra

5/5

Overall

5
/
5

Ease of Use

5
/
5

Customer Support

Comments: I use Plooto to pay my rent. I've had a great experience so far! It was easy to set up. And the support team was so helpful.